1. On July 6, Carla Company acquired the plant assets of Doonesbury Company, which had discontinued operations. The appraised value of the property is: Land $374,000 Buildings Equipment 1,122,000 748,000 $2,244,000 Total Carla Company gave 12,500 shares of its $100 par value common stock in exchange. The stock had a market price of $249 per share on the date of the purchase of the property. 2. Carla Company expended the following amounts in cash between July 6 and December 15, the date when it first occupied the building. (Prepare consolidated entry for all transactions below.) Repairs to building $105,950 Construction of bases for equipment to be installed later 142,030 Driveways and parking lots 117,560 Remodeling of office space in building, including new partitions and walls 174,200 Special assessment by city on land 17,870 3. On December 20, the company paid cash for equipment, $273,300, subject to a 2% cash discount, and freight on equipment of $10,620. No. Account Titles and Explanation Debit Credit 1. Click if vou would like to Show Workk for this question: Onen Show Work 2. 3